Markets
McDonald's to open 2000 new restaurants in China
McDonalds said some 250 new restaurants would be opened in China this year and then around 500 per year by 2022. The new company will become McDonald's largest franchisee outside the USA, with CITIC Ltd and CITIC Capital holding a majority 52 percent stake in the new company, while Carlyle Capital 28 percent, and McDonald's 20 percent. [Full Article...]
Avis Budget Group, Inc
Vanguard Group Inc. increased its stake in shares of Avis Budget Group by 16.5% in the first quarter. For its auto services business, the Company provides vehicles and chauffeur services through different subsidiaries. "(NASDAQ: CAR ) Position Raised by Schwab Charles Investment Management Inc." was published by Sports Perspectives and is the sole property of of Sports Perspectives. [Full Article...]
Liberty Global PLC (NASDAQ:LBTYA) Earns Daily News Impact Rating of 0.06
Suntrust Robinson initiated the stock with "Buy" rating in Tuesday, December 13 report. The company presently has a consensus rating of "Buy" and a consensus price target of $39.85. Sentry Investments Corp. now owns 4,606,850 shares of the company's stock valued at $161,424,000 after buying an additional 260,100 shares in the last quarter. [Full Article...]
Google to build a Snapchat-like news system
In a report from The Wall Street Journal (via Android Police ), it seems that Google is working on a new feature called "Stamp". The meaning of STAMP is ST stands for stories, and AMP stands for Google Accelerated Mobile Pages initiative. [Full Article...]
Is Glu Mobile, Inc. (GLUU) a good buy?
Finally, KCG Holdings Inc. raised its position in shares of Glu Mobile by 224.1% in the first quarter. Its book value per share for the most recent quarter is $1.43 while its price to book ratio for the same period is 2.14, as for as the company's cash per share for the most recent quarter is $0.51, however its price to cash per share ratio for the same period is 5.97. [Full Article...]
Standard Life shares down despite 13pc profit rise
This will mark the end of the road for coverage by Panmure Gordon's Barrie Cornes, who signed off today by again expressing his scepticism about the benefits of the merger deal for Standard Life investors. Overall net outflows at SLI stood at £4.6bn, compared with net inflows of £1.7bn a year before. "This has allowed us to grow assets, profits, cash flows and returns to shareholders ". [Full Article...]
Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Reviewed By Analysts
The average volume of a stock suggests the liquidity of a particular company. George Kaiser Family Foundation reported 29,382 shares or 0.13% of all its holdings. In other Valeant Pharmaceuticals Intl news, Director Schutter Richard U. De bought 20,000 shares of the firm's stock in a transaction dated Thursday, May 11th. [Full Article...]
Tucson is testing ground for new Little Caesars Pizza app
Big Beaver, and in 14 stores in the Tucson, Ariz. area. Using the company's mobile app, people will be able to order and pre-pay, with the app notifying customers when the order is ready. Little Caesars announced Monday that it is introducing a streamlined, faster way for customers to grab a pizza. Little Caesars launched its base mobile app in 2015 and is beginning to develop it with more fea... [Full Article...]